On Wednesday, STMicroelectronics shareholders approved all the resolutions put to them at the company's Annual General Meeting in Amsterdam.

Among other things, they ratified the reappointment of Jean-Marc Chéry as Chairman of the Management Board for a three-year term, i.e. until the Annual General Meeting scheduled for 2027.

They also approved the reappointment of Nicolas Dufourcq, head of Bpifrance, to the Supervisory Board for a further three years, and the appointment of Pascal Daloz, current CEO of Dassault Systèmes, to replace Yann Delabrière.

The AGM also authorized the distribution of a cash dividend of $0.36 per ordinary share, as well as the possibility of carrying out share buy-backs.

The remuneration policy for the Management Board was also approved.

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